Notes 1-4
-Consumer expectation
- big changes in the market
- weather, war, government help, taxes
- Other way to dissolve would be line of credit decide to spend money
- Durable good – expected life greater than 1 year, with expectation of clothing companies.
- nondurable good – expected life less than 1 year - service
– pay someone for their ability 4 major thins govern spending money
-Defense
– 60% of budget on defense
- income security
– social security, welfare, pension, disability
- health care - Medicaid - Medicare
- big changes in the market
- weather, war, government help, taxes
- Other way to dissolve would be line of credit decide to spend money
- Durable good – expected life greater than 1 year, with expectation of clothing companies.
- nondurable good – expected life less than 1 year - service
– pay someone for their ability 4 major thins govern spending money
-Defense
– 60% of budget on defense
- income security
– social security, welfare, pension, disability
- health care - Medicaid - Medicare